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Average Retail Salespersons Salary in Madison, WI

Retail Salespersons in Madison, WI, earn an average annual salary of $37,240, which is slightly above the national average of $37,150. This near-parity suggests that local market dynamics and the cost of living in Madison closely align with national trends, influencing compensation for these essential roles.

Executive Summary

  • Average Salary: $37,240 per year.
  • Growth Trend: Salaries have shifted 19.3% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $48,490.
  • Outlook: With a total local workforce of 8,800 Retail Salespersons, Madison, WI, demonstrates a significant presence in this sector. The location quotient of 0.88 indicates that the concentration of these jobs is slightly below the national average, suggesting a stable but not overly saturated market. This level of employment suggests consistent demand for retail sales talent within the city.
2024 Market Data

Salary Overview

$37,240

The average Retail Salespersons in Madison, WI earns+0.2%above the national average.

BreakdownBased on 40h/week
Hourly

$17.9

Weekly

$716

Monthly

$3,103

Retail Salespersons Salary Distribution in Madison, WI

The career path for Retail Salespersons in Madison, WI, offers clear opportunities for salary progression. Entry-level positions typically start at the lower end of the pay scale, while seasoned professionals with extensive experience and specialized skills can command significantly higher salaries. The percentile gaps in earnings reflect this progression, rewarding expertise and performance.

Experience LevelMarket PercentileAnnual WageHourly Rate
SDR / BDRLead generation, prospecting, cold calling.10% (Entry)$28,230$13.6
Account ExecutiveClosing deals, managing small-mid market clients.25% (Junior)$27,930$13.4
Senior AEHandling enterprise clients and complex negotiations.50% (Median)$34,630$16.6
Sales ManagerManaging a team of reps, setting quotas & strategy.75% (Senior)$46,550$22.4
VP of SalesRevenue strategy, expansion, C-suite relationships.90% (Expert)$48,490$23.3

Detailed Retail Salespersons Market Analysis

Relocation Context

Nominal Salary

$37,240

Gross Pay

Real Wage (Purchasing Power)

$37,240

Adjusted for COL (100)

The nominal salary of $37,240 in Madison, WI, is perfectly balanced by the local Cost of Living Index of 100, which is precisely the national average. This means that the purchasing power of a Retail Salesperson's salary in Madison is equivalent to the national average, offering a stable financial standing relative to broader economic conditions.

Job Market Context

8,800

Total Jobs

21.716

Per 1K Jobs

0.88

Location Quotient

Below Average

Madison, WI has 0.88x the national average concentration of Retail Salespersons jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

Madison, WI, has a location quotient of 0.88 for Retail Salespersons, indicating a slightly lower concentration of these jobs compared to the national average. This suggests that while the market is robust enough to support a substantial workforce, there may be less intense competition than in areas with a higher concentration, potentially offering good opportunities for job seekers.

Nearby Job Markets

Nearby Cities for Retail Salespersons

Comparing salaries near Madison, WI

Hiring Retail Salespersonss?

Frequently Asked Questions

How much does a Retail Salespersons make in Madison, WI?

The median annual salary for a Retail Salespersons in Madison, WI is $37,240. This typically ranges from $28,230 for entry-level positions to $48,490 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Madison, WI is 0.2% higher than the national median of $37,150.

Is Madison, WI a lucrative place for Retail Salespersons?

No, not exceptionally lucrative, but stable.The average salary of $37,240 is on par with the national average, and the cost of living is also at the national average. While stable, it does not offer a significant financial advantage over other regions.

Is Madison, WI a good place to live for Retail Salespersons?

The Cost of Living Index in Madison, WI is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Madison, WI?

Some top paying nearby cities include Janesville-Beloit, WI ($36,430) and Rockford, IL.

What is the average salary for a Retail Salesperson in Madison, WI?

The average annual salary for a Retail Salesperson in Madison, WI, is $37,240.

How does Madison's cost of living compare to the national average?

Madison, WI, has a cost of living index of 100, which is exactly the national average.

Is the job market for Retail Salespersons in Madison, WI competitive?

With a location quotient of 0.88, the market is slightly less concentrated than the national average, suggesting a moderately competitive environment.

How many Retail Salespersons are there in Madison, WI?

There are approximately 8,800 Retail Salespersons employed in Madison, WI.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 8,800 employees in the Madison, WI area with a job density of 21.716 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.